US stock / ETF

BitMine Immersion Technologies, Inc.

BMNR · AMEX · USD

12 hoursBearish75%
12h Downside probability 75%Bearish

BMNR 12H chart

EMA21EMA50Bollinger
----

Market View

Market Shift

12h: price is below EMA21, short trend is weak

Confirmation Trigger

Recover $26.42 and stabilize above resistance $29.38.

Invalidation Trigger

Break above $29.38 with RSI back above 50.

Market Context

Trend PhaseRange
Sideways Structure

Price is below EMA21

12h
Momentum StateBearish
Momentum soft

RSI 40.2, MACD -0.332

12h
Volatility EnvironmentRange
Medium volatility

ATR is $1.07 (4.31%)

12h

EMA Structure

Range
EMA 8$26.05Bearish
EMA 21$26.42Bearish
EMA 50$25.56Bearish

Signals

CategoryReadStrength
Momentum
RSI 40.2 · MACD -0.332

Momentum is weak

Strength
Bearish
Volatility
ATR $1.07 · BB 12.14%

Medium volatility

Strength
Range
Volume
MFI 17.2 · OBV -1791.55%

Relative to 20-period average volume

Strength
Bearish
Price Levels
$22.18 - $29.38

Support/Resistance Distance

Strength
Range

Key Levels

Upper risk zone

+22.49% · 5.2 ATR above latest close

$30.45
Nearest resistance

+18.18% · 4.2 ATR above · 34-bar high

$29.38
Current price

Price shown is delayed

$24.86
Nearest support

-10.78% · 2.5 ATR below · 34-bar low

$22.18
Deeper support zone

-15.09% · 3.5 ATR below latest close

$21.11
ATR zone

Latest close ± ATR14

$23.79 - $25.93

Indicators

Trend

Dow Theory Structure

Confirmation $28.12, invalidation $25.92

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 10.9 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.52 / $25.78Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Volatility

ATR (14)

Medium volatility

$1.07 (4.31%)Range
Bollinger Bands (20,2)

Width 12.14%

-11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$28.48 / $24.38Range
ATR channel lower / upper

Current Volatility Envelope

$23.79 / $25.93Range

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.38Range
Support

Nearest Downside Decision Level

$22.18Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.332Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 13.7Bullish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Weak expansion

-286.4Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volume / Money Flow

MFI (14)

Money flow is weak

17.2Bearish
OBV slope

20-period OBV slope

-1791.55%Bearish
Volume ratio

Relative to 20-period average volume

2.50xBullish

Trend

Dow Theory Structure

Confirmation $28.12, invalidation $25.92

range · mixedRange
ADX / +DI / -DI (14)

Trend strength is moderate

14.6 / 10.9 / 26.6Bearish
Supertrend (10,3)

Price is above Supertrend

$21.66Bullish
Ichimoku Cloud

Cloud Span A / Span B

$26.52 / $25.78Bearish
Donchian Channel (20)

20-period breakout channel position

13%Range

Momentum

RSI (14)

Momentum is weak

40.2Bearish
MACD (12,26,9)

Histogram is negative

-0.332Bearish
Stochastic %K / %D (14,3,3)

%K / %D momentum cross

15.1 / 13.7Bullish
Williams %R (14)

Oversold zone

-84.9Bullish
CCI (20)

Weak expansion

-286.4Bearish
TD Sequential

Setup is not extreme

buy 2Bullish

Volatility

ATR (14)

Medium volatility

$1.07 (4.31%)Range
Bollinger Bands (20,2)

Width 12.14%

-11%Bearish
Keltner Channel upper / lower

ATR channel lower / upper

$28.48 / $24.38Range
ATR channel lower / upper

Current Volatility Envelope

$23.79 / $25.93Range

Volume / Money Flow

MFI (14)

Money flow is weak

17.2Bearish
OBV slope

20-period OBV slope

-1791.55%Bearish
Volume ratio

Relative to 20-period average volume

2.50xBullish

Levels / Risk

Resistance

Nearest Upside Decision Level

$29.38Range
Support

Nearest Downside Decision Level

$22.18Range

Related Forecasts